Key points from the CAR’s HomeDex Report.
The Lawhead Team would like to share the HomeDex Report’s latest key points for North San Diego County housing from the California Association of Realtors.
HomeDex keypoints for November 2014:
- The median price for all North County home sales – attached and detached – decreased to $485,000 in November 2014 compared to $508,250 in October 2014.
Detached homes in North County remained constant at $565,000 in November 2014.- Year-over median price for SFD homes in North San Diego County increased 4.82 percent, compared to $539,000 in November 2013, continuing a trend of increasing median price beginning summer 2012.
- Detached home prices OUTSIDE North County decreased 0.65 percent to $459,500 in November 2014 compared to $462,500 reported in October 2014. Year-over non-North County median price increased 7.11 percent compared to $429,000 in November 2013, continuing 32-months of year-over median price increases.
- Attached home prices in North County decreased by 2.91 percent to $375,000 in November 2014 compared to $386,250 in October 2014. Year-over SFA North San Diego County median price increased 7.14 percent, compared to $350,000 in November 2013, continuing 34 straight months of year over price increases.
- Non-North County attached home prices decreased 0.64 percent to $310,000 in November 2014 according to the HomeDex report compared to $312,000 in October 2014. Year-over non-North County SFA median price increased 10.52 percent, compared to 280,500 in November 2013.
- The number of North San Diego SFD listings (active and contingent) decreased 12.59 percent in November 2014 compared to October 2014, and jumped 17.49 percent year-over compared to November 2013.
- The number of sold North San Diego County SFD units dropped 27.27 percent in November 2014 compared to October 2014. Year-over sold SFD units decreased 16.48 percent compared to November 2013.
- Median days-on-market for single-family detached homes sold in North County decreased to 32 days in November 2014 compared to 34 days in October 2014.
- The HomeDex affordability percentage for all homes in North San Diego County – attached and detached – increased to 33 percent in November 2014 compared to 32 percent in October 2014.
